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Renewables

GAIL plans 600 MW solar project in UP

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Total cost of the project is Rs. 3,294.86 crore and it is funded through a mix of equity and debt, the company said in...
Banking

Application of Ujjivan SFB for universal bank returned

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In its letter dated 13 April, the RBI took note of the bank’s recent efforts towards diversification of its loan portfolio. However, the RBI...
Insurance

LIC board gives nod for 1:1 bonus issue

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LIC said that it would capitalise sum not exceeding Rs. 6324,99,77,010 (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten...
Banking

RBI seeks views on steps to secure digital payments

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The Reserve Bank of India (RBI) said, "fraudsters are deploying various tactics, such as bogus call centres, deepfake-driven impersonation scams and mule account networks"....
In & Around

Last-mile hurdle for PNG needs to be fixed, says IOC chief

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Addressing a press conference in Chennai on Friday, he said that re-gasification terminals were running at only 30 to 40 per cent capacity, and...
Energy

Coal India absorbs price shock

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Coal India said it is also compensating the increased price of the industrial diesel to the contractors, operating in its mines, who purchase it...
Corporate

Bharat Forge to rejig German arm

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The proposal may include an orderly wind‑down and solvent liquidation of BF CDP in accordance with applicable German laws, the company said in a...
Power

Maharashtra clears bifurcation of State discom, plans IPO

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To address existing financial liabilities, the Government of Maharashtra will issue long-term bonds with a tenure of 15 years, amounting to approximately Rs 32,679...
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